Ethena Says White-Label Stablecoin Supply Exceeds $153 Million

The team said combined supply across jupUSD, USDm and eSui Dollar passed the milestone and asked the community on X to vote on upcoming Season 6 rewards.

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Summary

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Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a fixed value, typically by tracking a fiat currency such as the U.S. dollar.
  • White-label stablecoin: A stablecoin product issued under partner branding while using another provider’s underlying infrastructure or technology.
  • Token supply: The total amount of a digital asset currently issued and circulating or available on a blockchain.